'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Discount chain to expand to the east and west, continue with third-party brands.
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
The sector will start making operating profits by 2020.
A sharp decline in sales and prospects of a grim future have resulted in a fall in jewellery stocks.
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
If you missed the primary market bus but still want to invest in Sovereign Gold Bonds, then feel lucky.
In two months, the lender has disbursed about 25,000 car loans
'This is the first time we will see how SIP investors react to market correction.'
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nirmala Sitharaman's maiden Budget has not disappointed but vision and details, particularly for the revival of agriculture, are missing.
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
In a filing with the US Security and Exchange Commission on Friday, Walmart said it would allow the initial public offering of Flipkart in four years at a valuation no less than what it invested in the e-commerce firm, if a grouping of minority shareholders asks for it.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
'We are offering one year of free music and three months of free movies to a million users through MIUI8.'
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
Patanjali doesn't employ any fancy managers with MBA degrees.
Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.
Leasing activities of office and retail spaces would not be affected much.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
MySmartPrice has been growing about 100 per cent a year and is profitable.
'"We want to get the learnings from Flipkart and take it to other parts of the world," Walmart CEO Doug McMillon was quoted as saying.' 'That is a very large tuition fee for an MBA in a country that outdoes Brazil and perhaps even China in busting multinationals' knees and sometimes their heads as they try to crack a market of mostly impoverished people run by a government that has never really given up the sadistic pleasures of administering the license raj,' notes Rahul Jacob.
Gold monetisation scheme will help unlock value of gold.
How do you pick a mutual fund scheme that suits your needs?
High return rates in the e-commerce space are making a dent in the margins of e-retailers.
High price, combined with the decision to go only for diesel and position it as a crossover, resulted in its limited success
Yes, if you follow certain safety measures, says Shruti Puri. Here are some rules you must follow.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Infosys co-founder Kris Gopalakrishnan said Flipkart and Snapdeal have made a mark in the start-up world.
NBFCs are mainly dependent on funding their operation from their own cash flows.
